Income Tax Act 2023
Section 60 - Limitation on Deduction Admissibility
(as updated till Finance Act 2024)
Where tax deduction at source is applicable in respect of any expenditure, no such expenditure shall be treated as allowable deduction under this chapter unless tax is deducted or collected at source and duly paid in accordance with the provisions of this Act.
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.